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Time and Money: How Long and How Much Money is Needed to Regulate a Viable Economy
Jean-Pierre Aubin
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Description for Time and Money: How Long and How Much Money is Needed to Regulate a Viable Economy
paperback. This book presents an unconventional approach to an important topic in economic theory. It applies the theory of viability to analyze how an economy should be dynamically endowed so that it is economically viable. Series: Lecture Notes in Economics and Mathematical Systems. Num Pages: 162 pages, 3 black & white illustrations, 29 colour illustrations, biography. BIC Classification: KCA; PBW. Category: (P) Professional & Vocational. Dimension: 235 x 155 x 13. Weight in Grams: 260.
This authored monograph presents an unconventional approach to an important topic in economic theory. The author is an expert in the field of viability theory and applies this theory to analyze how an economy should be dynamically endowed so that it is economically viable. Economic viability requires an assumption on the joint evolution of transactions, fluctuations of prices and units of numeraire goods: the sum of the “transactions values” and the “impact of price fluctuations” should be negative or equal to zero. The book presents a computation of the minimum endowment which restores economic viability and derives the dynamic laws ... Read more
This authored monograph presents an unconventional approach to an important topic in economic theory. The author is an expert in the field of viability theory and applies this theory to analyze how an economy should be dynamically endowed so that it is economically viable. Economic viability requires an assumption on the joint evolution of transactions, fluctuations of prices and units of numeraire goods: the sum of the “transactions values” and the “impact of price fluctuations” should be negative or equal to zero. The book presents a computation of the minimum endowment which restores economic viability and derives the dynamic laws ... Read more
Product Details
Format
Paperback
Publication date
2013
Publisher
Springer Switzerland
Number of pages
162
Condition
New
Series
Lecture Notes in Economics and Mathematical Systems
Number of Pages
144
Place of Publication
Cham, Switzerland
ISBN
9783319000046
SKU
V9783319000046
Shipping Time
Usually ships in 15 to 20 working days
Ref
99-15
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